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For Sale:  International Falls MLS# 7042177

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$100,000
/mo Edit
Multi-family:  Triplex
4 br • 3 ba • Built 1940
1,840 sqft • 0.08 acres
MLS# 7042177
763-576-8286
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    Property Description

    Excellent investment opportunity in International Falls! This well-positioned triplex offers strong income potential with all three units currently rented, making it a turnkey addition to any portfolio. The main level unit features a spacious 2 bedroom, 1 bath layout complete with in-unit washer and dryer—highly desirable for long-term tenants. The two upper units each offer comfortable 1 bedroom layouts with 3/4 baths, providing efficient and low-maintenance living spaces. The property includes an unfinished basement housing utilities, with excellent potential to finish and add an additional unit or expand income possibilities. Off-street parking adds convenience for tenants, increasing overall rental appeal. Whether you’re looking to expand your portfolio or step into multi-family investing, this property delivers consistent cash flow and future upside. Owner is a licensed real estate agent in the state of Minnesota.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $100,000
    Price per sq ft: $54
    Property Type: Multi-family
    City: International Falls
    Garage Spaces: 0
    County: Koochiching
    Year Built: 1940
    State: MN
    Property Style: Triplex
    Zip Code: 56649
    Subdivision Name: International Falls

    Interior

    Bedrooms: 4
    Bathrooms: 3
    Finished Area: 1,840 ft2
    Living Area: 1,840 ft2
    Basement Details:
    • Concrete
    • Full

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 920 ft2
    Handicap Accessible: Soaking Tub
    Heating System:
    • Boiler
    • Radiant
    Exterior Material: Frame

    Lot & Land

    Acres: 0.08
    Geolocation: 48.598744, -93.407044
    Lot Dimensions: 45 x 100

    Schools

    School District: 1508
    District Phone: 2182832571

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Electricity, Gas, See Remarks

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $1,039
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $1,160

    Income

    Annual Gross Income: $19,800

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of eXp Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.